RWE Aktiengesellschaft (OTCMKTS:RWEOY) Short Interest Down 16.9% in March

RWE Aktiengesellschaft (OTCMKTS:RWEOY) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 9,800 shares, a decline of 16.9% from the March 15th total of 11,800 shares. Based on an average daily trading volume, of 170,500 shares, the short-interest ratio is presently 0.1 days.

RWE Aktiengesellschaft Trading Up 2.1 %

Shares of RWE Aktiengesellschaft stock opened at $34.44 on Friday. RWE Aktiengesellschaft has a 52 week low of $32.68 and a 52 week high of $47.11. The business’s fifty day simple moving average is $34.04 and its 200-day simple moving average is $38.25. The company has a quick ratio of 1.37, a current ratio of 1.44 and a debt-to-equity ratio of 0.36.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last posted its earnings results on Tuesday, March 5th. The utilities provider reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.11. RWE Aktiengesellschaft had a return on equity of 13.10% and a net margin of 5.12%. The firm had revenue of $8.19 billion for the quarter. Research analysts predict that RWE Aktiengesellschaft will post 3.12 earnings per share for the current year.

RWE Aktiengesellschaft Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 20th. Shareholders of record on Tuesday, May 7th will be issued a dividend of $0.7577 per share. This is an increase from RWE Aktiengesellschaft’s previous dividend of $0.66. The ex-dividend date of this dividend is Monday, May 6th. RWE Aktiengesellschaft’s dividend payout ratio is 32.24%.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus lowered RWE Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Tuesday, February 6th.

RWE Aktiengesellschaft Company Profile

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.